EUR/USD continued its recent............>

EURO-DOLLAR: EUR/USD continued its recent slippage, extending the move down from

Monday's high of $1.1384 to a low in NY Tuesday of $1.1278. Rate did manage to

recover to make a brief show back above $1.1300($1.1303) before it settled

around $1.1295 into Asia. Rate made a tentative attempt to edge back above

$1.1300 in pre Tokyo trade, touched $1.1299 before it eased back to traded lows

of $1.1286 before finding support. Rate then slowly recovered through the

balance of the session, touched $1.1301 into early Europe but was seen meeting

headwind resistance again above the figure. A move above $1.1310 to expose

Tuesday's NY high of $1.1337. Support $1.1286/78 ahead of $1.1255/50. Markets

through Asia were again fairly subdued, ignoring US Trump criticism of Fed Chair

Powell(Washington Post). Powell due to speak later today-Economic Club of

NY(1700GMT). Month-end approaching with most models so far predicting USD

demand, though strength of this interest varies, though none are overly strong.

ECB Guindos, Coeure and Praet due to speak today. Hopes for a trade break

through at G20, and the meeting between Trump and Xi, dampened by Kudlow

comments suggesting it is up to China to come up with ideas.